Where should I invest as a beginner in India?

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Where should I invest as a beginner in India?

Here is a look at the 10 investment avenues Indians look at while saving for financial goals.

  • Direct equity.
  • Equity mutual funds.
  • Debt mutual funds.
  • National Pension System.
  • Public Provident Fund (PPF)
  • Bank fixed deposit (FD)
  • Senior Citizens’ Saving Scheme (SCSS)
  • Pradhan Mantri Vaya Vandana Yojana (PMVVY)

What is the best investment for a starter?

Best investments for beginners

  1. High-yield savings accounts. This can be one of the simplest ways to boost the return on your money above what you’re earning in a typical checking account.
  2. Certificates of deposit (CDs)
  3. 401(k) or another workplace retirement plan.
  4. Mutual funds.
  5. ETFs.
  6. Individual stocks.

How can I invest money to get good returns in India?

Now, let us take a quick understanding of each of the best investment options with high returns in India 2021 one by one:

  1. Unit Linked Insurance Plan (ULIP)
  2. Public Provident Fund (PPF)
  3. Mutual Fund.
  4. Bank Fixed Deposits.
  5. National Pension Scheme (NPS)
  6. Senior Citizen Savings Scheme.
  7. Direct Equity.
  8. Real Estate Investment.
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How can an 18 year old invest in stocks?

A parent or guardian opens a custodial account for you and then “gifts” funds into it. For 2020, up to $15,000 can be gifted into a custodial account. Once the funds are in the account, you can begin investing the money. Of course, your parent or guardian will have to make the actual trades for you.

What is best investment in India right now?

Now, let us take a quick understanding of each of the best investment options with high returns in India 2021 one by one:

  • Unit Linked Insurance Plan (ULIP)
  • Public Provident Fund (PPF)
  • Mutual Fund.
  • Bank Fixed Deposits.
  • National Pension Scheme (NPS)
  • Senior Citizen Savings Scheme.
  • Direct Equity.
  • Real Estate Investment.